by admin | May 17, 2022 | news
View the full text of the final regulations here.
by admin | May 17, 2022 | news
On October 31, the Treasury Department released its final regulations on Reportable Policy Sales (RPS) final rule. In addition to clarifying the tax implications for company-owned life insurance (“COLI”) and bank-owned life insurance (“BOLI”) transferred in...
by admin | May 9, 2022 | news
The Tax Cuts and Jobs Act (TCJA) amended the deduction limitations under Internal Revenue Code 162(m) by (1) eliminating the “qualified performance-based” pay exception to the $1 million deduction limitation for compensation for “covered employees” and (2) expanding...
